Luberef Lines Up Samsung For Expansion Project
Saudi Aramco Lubricating Oil Refining Company (Luberef) has lined up South Korea’s Samsung Engineering to undertake a $1bn expansion of its lubricants refinery at Yanbu’. MEES understands that Luberef is currently negotiating final details of the agreement with Samsung, with a view to signing an engineering, procurement and construction (EPC) contract in the week beginning 22 October. Luberef is owned 70% by...
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